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 Maxi ISA
The Maxi ISA allows you to invest your full £7000 allowance, it must have a stocks and shares component.
You can invest in three different compenents in one account, £3000 in cash, £1000 in life insurance and up to £7000 - the amounts you have in cash and life insurance, in stocks and share based investments, totalling £7000.
As with any share based investment the value of your investment could drop, so it is important to consider your attitude to risk and return.
Some providers offering ready made maxi ISA schemes include:
| Legal and general: Low cost ISAs |
Individual Savings Account information from Legal and General |
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| Viginmoney.com Individual Savings Accounts |
Individual Savings Account information from Virgin Money |
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